Answer: b capital budget
Explanation: Operating budgets typically include all the day-to-day expenses and revenues of a business, facilitating its operations. This includes the purchases budget, cost of goods sold budget, and budgeted income statement. However, a capital budget is related to long-term investments in assets and projects, thereby categorizing it outside of day-to-day operations. Capital budgets focus on significant expenditures that will benefit the company over several years, distinguishing them from operational budgets, which are designed for short-term financial planning.